Stanley Druckenmiller's Portfolio Skips Megacap Tech Almost Entirely. Here's What He's Buying Instead.

Stanley Druckenmiller is considered 1 of the top investors ever, with a way grounds that fewer tin match.

He founded Duquesne Capital successful 1981, and implicit the adjacent 30 years, until helium closed up store successful 2010, his portfolio averaged a 30% yearly instrumentality with nary down years.    

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Since 2010, helium has tally the Duquesne Family Office, fundamentally managing his ain fortune. He has beaten the S&P 500 implicit the past 10 years, with a full instrumentality of astir 393% compared to 251% for the benchmark.

Knowing what Druckenmiller is buying and selling could supply immoderate invaluable penetration into however helium sees the market.

In the astir caller 13F filing, Druckenmiller's portfolio had immoderate glaring omissions -- "Magnificent Seven" stocks.

Dumping Google and Amazon

In the $3 cardinal portfolio, with immoderate 65 holdings, Druckenmiller holds conscionable 1 Magnificent Seven stock, Amazon. But helium reduced his Amazon presumption significantly, selling astir 692,000 shares successful Q1. Amazon is present a insignificant position, representing astir 0.32% of the portfolio.

The lone different Magnificent Seven banal that Druckenmiller held was Alphabet. However, helium wholly exited retired of the Google genitor successful Q1, selling each 385,000 shares helium owned.

But the portfolio is not wholly devoid of large tech. Druckenmiller added a caller involvement successful Broadcom, which galore see the magnificent eighth stock. Druckenmiller bought immoderate 196,000 shares of Broadcom, representing a 2% involvement successful the portfolio. He besides added caller positions successful tech and AI highfliers Micron, Intel, Seagate, Sandisk, and Arm Holdings. But nary of these correspond much than 1% of the full portfolio.

In addition, Druckenmiller added 1.8 cardinal shares of STMicroelectronics, which present makes up 3% of the portfolio.

Natera is the largest presumption

The largest presumption successful a megacap tech banal that Druckenmiller owns is successful Taiwan Semiconductor Manufacturing. While helium sold disconnected astir 9% of Taiwan Semiconductor shares successful Q1, helium inactive holds astir 495,000 shares, representing astir $167 million, oregon astir 5.7% of the wide portfolio.

The largest Druckenmiller presumption by acold is Natera (NASDAQ: NTRA), a cell-free familial investigating institution focused connected women's health, oncology, uncommon diseases, and organ health. Druckenmiller boosted his presumption successful Natera by 22% successful Q1, adding immoderate 552,000 shares. Natera banal present makes up astir 21% of the full Duquesne portfolio.